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    Principles of Economics Study Set 12
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    Exam 8: Costs and the Changes at Firms Over Time
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    Fixed Costs Exist in
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Fixed Costs Exist in

Question 39

Question 39

Multiple Choice

Fixed costs exist in


A) both the long run and the short run.
B) only in the long run but not in the short run.
C) only in the short run but not in the long run.
D) in neither the long run nor the short run.
E) sometimes in the short run and sometimes in the long run.

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